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Despite efforts to restructure the company, Stringer's inability to bring a competitive smartphone to market and a surprise strengthening of Samsung's TV offerings led to mounting losses, tumbling stock and junk credit ratings.

A strong yen and a stuttering global economy exacerbated matters for Stringer. Sony only managed to produce a quality smartphone range this year with the Xperia Z and the company's main profits now lie outside the electronics sector, in music, film and health insurance.